SEMAFO (OTCMKTS:SEMFF) Stock Price Up 4.4% – Time to Buy?

SEMAFO Inc. (OTCMKTS:SEMFFGet Free Report)’s share price was up 4.4% during trading on Monday . The company traded as high as $3.53 and last traded at $3.47. Approximately 4,000 shares traded hands during mid-day trading, a decline of 93% from the average daily volume of 55,841 shares. The stock had previously closed at $3.32.

SEMAFO Price Performance

The business has a fifty day moving average of $3.47 and a 200-day moving average of $3.47.

SEMAFO Company Profile

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SEMAFO Inc, a mining company, engages in the exploration, development, and operation of gold properties in West Africa. The company operates the Mana Mine in Burkina Faso, which includes the Siou deposit. It also holds a 90% interest in the Boungou project. The company was formerly known as West Africa Mining Exploration Corporation Inc and changed its name to SEMAFO Inc in May 1997.

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